Tata Chemicals (BOM:500770) E10: ₹75.37 (As of Mar. 2026)


BOM:500770 Tata Chemicals Ltd BOM:500770
80 GF Score
Price ₹693.15
GF Value ₹909.09
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Tata Chemicals E10?

Tata Chemicals BOM:500770 +0.63% 80 E10 is ₹75.37 as of Mar. 2026. GuruFocus rates BOM:500770 with a GF Score™ of 80/100 and a GF Value™ of ₹909.09 (Modestly Undervalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Tata Chemicals's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-83.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹75.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tata Chemicals's average E10 Growth Rate was -10.40% per year. During the past 3 years, the average E10 Growth Rate was 0.80% per year. During the past 5 years, the average E10 Growth Rate was 6.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Tata Chemicals was 11.40% per year. The lowest was 0.80% per year. And the median was 7.40% per year.

As of today (2026-07-05), Tata Chemicals's current stock price is ₹693.15. Tata Chemicals's E10 for the quarter that ended in Mar. 2026 was ₹75.37. Tata Chemicals's Shiller PE Ratio of today is 9.20.

During the past 13 years, the highest Shiller PE Ratio of Tata Chemicals was 17.54. The lowest was 3.45. And the median was 12.40.


Tata Chemicals  (BOM:500770) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Tata Chemicals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=693.15/75.37
=9.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Tata Chemicals was 17.54. The lowest was 3.45. And the median was 12.40.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Tata Chemicals E10 Related Terms


Tata Chemicals E10 Historical Data

* Premium members only.

The historical data trend for Tata Chemicals's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tata Chemicals E10 Chart

Tata Chemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.50 73.54 84.50 84.08 75.37

Tata Chemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.08 85.31 85.57 84.49 75.37

BOM:500770 vs DOW: E10 Comparison

For the Chemicals subindustry, Tata Chemicals's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tata Chemicals Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tata Chemicals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tata Chemicals's Shiller PE Ratio falls into.


BOM:500770
80GF Score
Tata Chemicals Ltd BOM:500770
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tata Chemicals E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Tata Chemicals's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-83.68/164.2724*164.2724
=-83.680

Current CPI (Mar. 2026) = 164.2724.

Tata Chemicals Quarterly Data

per share eps CPI Adj_EPS
201606 8.090 105.961 12.542
201609 8.360 105.961 12.961
201612 10.340 105.196 16.147
201703 12.190 105.196 19.036
201706 6.980 107.109 10.705
201709 12.860 109.021 19.377
201712 29.790 109.404 44.730
201803 45.880 109.786 68.650
201806 8.090 111.317 11.939
201809 12.630 115.142 18.019
201812 8.610 115.142 12.284
201903 16.050 118.202 22.306
201906 6.020 120.880 8.181
201909 11.200 123.175 14.937
201912 5.740 126.235 7.470
202003 252.060 124.705 332.035
202006 0.520 127.000 0.673
202009 2.770 130.118 3.497
202012 6.310 130.889 7.919
202103 0.460 131.771 0.573
202106 11.300 134.084 13.844
202109 8.680 135.847 10.496
202112 12.190 138.161 14.494
202203 17.200 138.822 20.353
202206 23.120 142.347 26.681
202209 24.650 144.661 27.992
202212 15.350 145.763 17.299
202303 27.830 146.865 31.129
202306 20.880 150.280 22.824
202309 16.800 151.492 18.217
202312 6.200 152.924 6.660
202403 -33.360 153.035 -35.810
202406 5.890 155.789 6.211
202409 7.610 157.882 7.918
202412 -2.080 158.323 -2.158
202503 -2.190 157.552 -2.283
202506 9.890 159.755 10.170
202509 3.020 162.289 3.057
202512 -3.650 163.281 -3.672
202603 -83.680 164.272 -83.680

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ₹75.37 mean?
Tata Chemicals (BOM:500770) has a E10 of ₹75.37 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tata Chemicals and its competitors.
Is Tata Chemicals' E10 too high?
Tata Chemicals' current E10 is ₹75.37. Overall, Tata Chemicals has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tata Chemicals' E10 compare to DOW?
Tata Chemicals' E10 of ₹75.37 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Chemicals company?
A good E10 depends on the Chemicals industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tata Chemicals and its competitors. Tata Chemicals's current E10 is ₹75.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Tata Chemicals (BOM:500770) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹909.09, compared to a current price of ₹693.15 — trading 23.8% below its estimated fair value. The current E10 is ₹75.37. Tata Chemicals' overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Tata Chemicals (BOM:500770), the current E10 is ₹75.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tata Chemicals (BOM:500770) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Chemicals stock appears to be undervalued. The current stock price of ₹693.15 is trading 23.8% below its estimated GF Value™ of ₹909.09. GuruFocus considers Tata Chemicals to be Modestly Undervalued.

Key valuation signals for BOM:500770:

  • E10: ₹75.37
  • GF Value™: ₹909.09 vs. price of ₹693.15 (23.8% below fair value)
  • GF Score™: 80/100 with 6 warning signs

No single metric tells the full story. See the BOM:500770 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tata Chemicals Business Description

Other Exchanges TATACHEM:India
Address 24, Homi Mody Street, Bombay House, Fort, Mumbai, MH, IND, 400001
Tata Chemicals Ltd is a diversified business dealing in basic chemistry products and specialty products. It has a world'wide presence with key subsidiaries in United States of America (USA), United Kingdom (UK) and Kenya that are engaged in the manufacture and sale of soda ash, industrial salt and related products. It has two business segments Basic Chemistry Products and Specialty Products. The Basic Chemistry Products segment comprises inorganic chemicals, Soda Ash, Salt and Sodium Bicarbonate. Specialty Products segment is defined by chemistry driven differentiation and innovation. This portfolio includes three key product categories viz. Specialty Silica, Prebiotics and Agri Inputs. It generates majority of revenue from Basic Chemistry Products. It sells products mainly within India.
80GF Score

Get the complete analysis for BOM:500770

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹693.15
Price
₹909.09
GF Value